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This chapter introduces demographic variables in empirical regression to help find whether demographic changes have an impact on economic growth. There is evidence from estimated values in this chapter to suggest that there is no impact that demographic changes in Hong Kong is affecting the economic growth. The population growth has purely a transition impact where the fertility rate was low in early 2000 up to 2015 as the size of the dependency ratio increases. Besides testing demographic variables the government emphasises better education for all people of ages for prosperous growth but in fact has a negative response on educational investment on the growth of the economy. A well-educated country individual does not suggest a higher productivity in economy growth. An important implication is that there has been no single variable as yet that has seriously impacted the economy growth, but there will be changes in the coming years and has to be attended in result to avoid a diminishing economy.

This paper aims to delineate the short‐ and long‐run relationships between savings, real interest rate, income, current account deficits (CADs) and age dependency ratio in Fiji using cointegration and error correction models over the period 1968‐2000.

The recently developed bounds testing approach to cointegration is used, which is applicable irrespective of whether the underlying variables are integrated of order one or order zero. Given the small sample size in this study, appropriate critical values were extracted from Narayan. To estimate the short‐ and long‐run elasticities, the autoregressive distributed‐lag model is used.

In the short‐ and long‐run: a 1 per cent increase in growth rate increases savings by over 0.07 and 0.5 per cent, respectively; a 1 per cent increase in the CAD reduces savings rate by 0.01 and 0.02 per cent, respectively; and the negative coefficient on the real interest rate implies that the income effect dominates the substitution effect, while in the short‐run the total effect of the real interest rate is positive, implying that the substitution effect dominates the income effect.

This paper makes the first attempt at estimating the savings function for the Fiji Islands. Given that Fiji's capital market is poorly developed, the empirical findings here have direct policy relevance.

The purpose of this paper is to explore the impact of corruption as an important element of weak governance, with control variables such as inflation rate, openness to trade and dependency ratio on gross domestic product (GDP) per capita income of nine selected countries in Asia and the Pacific.

This study is based on an annual panel data covering the period from 1985 to 2012, and a simple multiple regression for empirical investigation is used. Both fixed effects and random effects models were used as analytical techniques.

The study reveals that both corruption and inflation rate are negatively related to GDP per capita and are statistically significant. As to the impacts of the control variables i.e., dependency ratio is found to be negative and openness to trade to be statistically significant which shows a positive impact on GDP per capita.

The results resoundingly confirmed the importance of good governance, therefore, reducing endemic corruption and controlling inflation needs to be among the foremost factors for consideration for policymakers in adopting and implementing macroeconomic and public policies. In order to be most effective in tackling corruption, it is important to get to the root of the problem. In light of the study findings, it is suggested that corruption need to be put under control and economies be made more open to attain more benefits and accelerate economic growth and development.

Explicitly, this study provides some valuable evidence on the linkage between endemic corruption and economic growth in some Asia and the Pacific countries in particular and on developing world in general. Presumably, this is the first inclusive investigation on the subject under the study in the context of Asia and the Pacific countries and will emphatically contribute to the literature as well.

We assessed the differential effects of social expenditures on males and females by establishing the impact of public expenditures on education and health on gender parity in primary and secondary enrollment and on gender parity in life expectancy for Nigeria given age dependency ratio, annual population growth rate, and GDP per capita growth rate. We found that increased social spending on health and education increased female education enrollment which was hitherto lower than male enrollment. Again, increased social expenditure on health and education improved male life expectancy which was hitherto lower than female life expectancy. We established the importance of increased social expenditure on health and education; gender budgeting and gender-sensitive budgets; and implementation of inclusive growth policies in engendering gender parity in Nigeria.

The purpose of the paper is to clarify the distinction between vulnerability and energy dependence of a country and to present simple indicators that are used to analyse energy vulnerability.

This paper introduces the different facets of the energy vulnerability concept and discusses the options available to manage risks arising from energy vulnerability.

The concept of energy vulnerability takes various forms and cannot be reduced to appreciating the degree of dependency of a country concerning energy supplies.

The contribution of the paper lies in offering a coherent set of indicators for analysing the energy vulnerability issue and in identifying a potential research area of developing a composite indicator of vulnerability similar to that of the human development indicator.

Universities are social and economic instruments for investment in man and thereby for the development of human resources at the highest level. This is truer in the case of developing countries where science and technology have not yet extended their beneficial aspects to whole spheres of social life. While preserving culture and heritage, universities are the most powerful institutions for social change and innovation. At the same time, universities and colleges themselves are subject to changes and need to adapt to these.

The purpose of this paper is to explore the impact of having minor children on parents' life satisfaction. Given the demands on working parents in terms of their time and financial resources, the authors suspect a complex interaction between employment and parenthood and explore the effect of parenthood on life satisfaction of mothers and fathers, working parents and those with children of various ages.

Data from three rounds of the European Social Survey (R3 2006/07, R5 2010/11 and R8 2016/17) are used to account for Ireland's changing economic landscape. Three ordered probit models are estimated examining parents, and mothers and fathers separately.

The findings indicate that any life satisfaction benefits derived from having children appear to be eroded for working parents. There is a negative association between life satisfaction for working mothers with child(ren) aged between 5 and 12 years. Furthermore, when both parents are working, mothers' life satisfaction is also significantly reduced.

Family policies and supports can shape the effects of parenthood on individual wellbeing and decisions regarding parenthood. Such policies need to be purposeful for working parents of school going children and consistent with economic strategy and labour market goals.

Much of the existing economic research on individual wellbeing and parenthood are focused on the fertility decision rather than examining the factors affecting the life satisfaction of different cohorts of parents thus leading to more targeted and informed policies. Contemporary weighting methodology is employed.

The purpose of this paper is to explore the patterns and determinants of the division of household tasks within couples in countries under different welfare-state regimes.

The paper investigates data on “urban middle- and upper-class” couples living in New York, Paris or Tokyo area, from a 2007 international comparative time-budget survey carried out at the initiative of the Rengo-Soken Research Institute. Each partner was interviewed separately, offering a unique statistical source for analysing the organisation of domestic time.

The results shed light on the degree of proximity among the three populations in their housework-sharing arrangements. Greater parity in partners’ housework time is found for the New York couples, regardless of their occupational activity. In Paris and especially in Tokyo, other demands on the partners’ time and the contribution each makes to the household income both impact the actual division of household labour.

The partners’ gender ideology was not elicited, and inclusion of lower-class couples could change certain results. However, the findings attest to the strong role that welfare-state regime plays in shaping housework time allocation.

Unlike other international comparisons, the survey used enables us to ensure strong comparability of measures. The welfare-state regime and family model frameworks clearly highlight the interplay between individual determinants and the institutional context.